EVT Balance Sheet Health
Financial Health criteria checks 2/6
EVT has a total shareholder equity of A$1.0B and total debt of A$402.6M, which brings its debt-to-equity ratio to 39.9%. Its total assets and total liabilities are A$2.6B and A$1.6B respectively. EVT's EBIT is A$102.0M making its interest coverage ratio 2. It has cash and short-term investments of A$101.3M.
Key information
39.9%
Debt to equity ratio
AU$402.56m
Debt
Interest coverage ratio | 2x |
Cash | AU$101.31m |
Equity | AU$1.01b |
Total liabilities | AU$1.64b |
Total assets | AU$2.65b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EVT's short term assets (A$220.8M) do not cover its short term liabilities (A$409.8M).
Long Term Liabilities: EVT's short term assets (A$220.8M) do not cover its long term liabilities (A$1.2B).
Debt to Equity History and Analysis
Debt Level: EVT's net debt to equity ratio (29.8%) is considered satisfactory.
Reducing Debt: EVT's debt to equity ratio has increased from 37.5% to 39.9% over the past 5 years.
Debt Coverage: EVT's debt is well covered by operating cash flow (59.5%).
Interest Coverage: EVT's interest payments on its debt are not well covered by EBIT (2x coverage).